Used in the production of indium-based transparent conductive oxides, which are essential components in flat-panel displays, touchscreens, and solar cells. Serves as a fluorinating agent in organic synthesis, particularly in the preparation of fluorinated pharmaceuticals and specialty chemicals. Employed in research and development of solid-state batteries due to its ionic conductivity properties. Also utilized as a dopant in semiconductor materials and in the fabrication of optical coatings for infrared optics.